China's ZTE, which the US government has accused of repeated sanctions violations, has paid a $1 billion fine, and put $400 million in an escrow account, so that it can continue purchase technology, including semiconductor products, from American companies. What impact will the proposed ban bring to ZTE and the worldwide market? What position of the Chinese companies and American companies in the semiconductor industry? What kind of collaboration in that industry between US and China? How will China catch up to fill in the core technology gap that is revealed by the ZTE instance? And what opportunities exist for professionals and companies in the industry? Dr. Bo Xia, Founder and CEO of Mingchip Technology in Shanghai, China, shares his observation of the semiconductor industry between US and China.
About the Guest:
Dr. Bo Xia is an expert in RF transceiver and analog mixed-signal SoC design. He has over 17 years engineering and project management experience in the Integrated Circuit (IC) industry. He received his PhD in Electrical Engineering from Texas A&M University, then worked as a senior design engineer and project lead with Texas Instrument from 2003 to 2007 and designed many analog IPs based on Texas Instrument's sub-micron technology. Then he joined Spreadtrum Corp. (US) as a senior staff engineer and design manager and led the development of world first GSM/TDSCDMA transceiver. From 2008 to 2016, Dr. Xia was a technical director and led the Bluetooth SoC development in Vimicro Corp (US). In 2016, he founded Mingchips Technology Ltd. in China and focused on peripheral circuitry design for cell phones. Dr. Xia is a member of IEEE society and a member of Western Returned Scholar Association. He has published 16 papers on IEEE journals and conferences, and holds 9 granted patents.
Helping entrepreneurs succeed is always on top of PTCG's priority, no matter it is to help American entrepreneurs tap into the Chinese market, or help Chinese entrepreneurs learn about skills to grow their startups. On July 21, PTCG CEO Michelle Zou delivered a workshop at Shanghai Startup Camp, help startup founders learn customer insights through Design Thinking.
Design Thinking is started by IDEO founders, and is well known through D. School of Stanford University. Thinking like a designer can transform the way organizations develop products, services, processes, and strategy. This approach, which IDEO calls design thinking, brings together what is desirable from a human point of view with what is technologically feasible and economically viable. It also allows people who aren't trained as designers to use creative tools to address a vast range of challenges.
PTCG consultants are helping Chinese companies and leaders to learn useful methodologies and tools from the western world as well as go international. Through public speaking, training and consulting, PTCG has brought Growth Mindset, Design Thinking and many other concepts and tools into China over the past four years.
Founded in 1984 and headquartered in Qingdao, China, Haier Group is a global leading provider of better-life solutions, with its white goods business brand more famous than others for nine consecutive years ( Euromonitor data). Under the guidance of the enterprise management philosophy and business philosophy of CEO Mr. Zhang Ruimin, Haier Group has 10 R&D centers, 24 industrial parks, 108 manufacturing plants and 66 marketing centers across the world, and owns Haier, Casarte, GE Appliances, Fisher & Paykel, AQUA and Leader as its smart home appliances brands. Their “Rendanheyi” management model has disrupted the western traditional classic management model. Harvard Business School has added Haier to their case studies. James Wang, a partner at HCH Ventures from Haier Group, will talk about his personal experience of applying this Rendanheyi Model in his own work and how the HCH Ventures is enabling other entrepreneurs achieve their goals
About the Guest:
James Wang is a partner at HCH Ventures, an investment and incubation platform of Haier Group. He is responsible of building connections between HCH ventures and global partners and startups, to help those companies accelerate their business towards success through financing and leveraging the resources that Haier Group has developed. Before joined Haier Group, James was the CEO Assistant and Manager of Enterprise Management at Rubber Valley. He has over 10 years’ experience in the areas of VC investment, incubation and investment platform, international trade and E-commerce. James has a BA from University of Nottingham and MBA from University of London in UK.
China’s GDP has grown 30x from 1990 to 2017, and the annual per capita income of urban households has increased 22x within the past 27 years. Chinese consumers have a lot more disposable income to spend and their needs and purchasing behaviors have evolved. On the other hand, China’s population structure has changed with the aging population ratio growing rapidly. The population of 60-year old and above reached 220 million in 2015, counted as 16.1% of the total population. This has created tremendous opportunities in healthcare products and services that can slow down the aging process, reduce the health impact from aging, maintain and improve health condition, and keep a good quality of life. The 505 Group is a Chinese enterprise has focuses on this segment since 1988 and has built a well-known consumer brand in China. Let’s hear from Lily Dong who is in charge of the overseas market to share her observations of the demand and trend in China’s healthcare product market
About the Guest:
Ms. Lily Dong is the Director of the 505 Group in charging of the overseas markets and product development. She has been with this healthcare product company in 1988 since its founding in Xianyang, Shaanxi, China, and has helped to build this company from zero to a well-known enterprise with global sales. In her 30 years in the healthcare industry in China, Lily has deep insights about the market trends, customers’ needs and sales/marketing operations.
On July 12, PTCG has reached an agreement with Qingdao University MBA program to advice and connect the program with US advisors and speakers. PTCG's CEO Michelle Zou is invited as an advisor for the MBA program, and will lecture for the MBA students in future visits to Qingdao .
About Qingdao University
Qingdao University is a key provincial research university located in Qingdao, China. In 1993, the former Qingdao University, Qingdao Medical College, Shandong Textile Engineering College, and Qingdao Normal College, merged to form the new Qingdao University. At present, QDU is one of the best comprehensive universities in Shandong Province, recognized as a member of the national "Excellent Engineer Education and Training Program." With a strong profile in Medical Sciences, Textile and Design, Business, and liberal arts, QDU serves 35,000 full-time undergraduate students, 9,800 graduate students, and 1,600 international students.
After the EducationUSA event at the US Embassy on July 5th, many audience asked to have a deep dive on their career questions. Therefore, PTCG CEO Michelle Zou hosted a small group career coaching event on July 7th in Beijing.
The attendees were from many different background and industries, and some were stuck with their career, some felt their career progression was not fast enough, and some were looking for a plan for career development so they could have a direction. During the event, the participants had a chance to get to know each other, and learned that they were not alone in terms of career questions. Michelle coached some attendees who were willing to bring their career situation and thoughts for discussion, and with that, the rest attendees could learn and relate to themselves.
Chinese professionals have increasing demand in coaching to advance career. Michelle has coached many executives and over 500 professionals in the US. She is a PCC and a certified professional coach through ICF.
July 5, 2018, PTCG consultants Michelle Zou and Marissa Waddle paticipated the EducationUSA event as speakers. The event was hosted by the US Embassy in Beijing American Center. Michelle and Marissa shared information and advice on how to succeed in the US when Chinese students enter universities or work places in the US. The event has attracted over 150 audience. This is one of the many kinds of activities that PTCG is doing to help US-China cross-border business to learn from each other and grow.
PTCG consultants are leaders, business consultants, corporate coaches, speakers, and trainers with years experience in the technology industry, both US and China.